Industrial Robots for Pharmaceutical & Cosmetics Industry: Global Market Analysis, Size, Share, Growth, Trends, and Forecast, 2021 – 2030

 In a recent published report, Kenneth Research has updated the Industrial Robots for Pharmaceutical & Cosmetics Industry: Global Market report for for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Industrial Robots for Pharmaceutical & Cosmetics Industry: Global Market products.

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According to the statistics by the World Bank, the exports of ICT goods globally increased from 11.164% of total goods exports in 2017 to 11.53% of total goods exports in 2019. Additionally, exports of ICT services increased from 5.61% of service exports (BoP) in 2001 to 10.37% of service exports (BoP) in 2017

Despite a small consumer of industrial robots, pharmaceutical & cosmetics industry has been seeing a rapid growth of industrial robotics adoption in recent years. Unit shipment in this sector is expected to see a CAGR of more than 20% over the coming period of 2016-2022. With advantages of increasing productivity and reducing the occurrence of accident at works, industrial robots have been replacing human workforce and keeping pharmaceutical & cosmetics manufacturers competitive when they integrate robots into their production processes.
Industrial Robots for Pharmaceutical & Cosmetics Industry: Global Market 2016-2022 examines the worldwide market of industrial robotics in pharmaceutical & cosmetics industry through a comprehensive summary and analysis of premium information sources. On the basis of reviewing global market environments and pharmaceutical & cosmetics industry trends, this report provides an in-depth and detailed analysis of market structure, market trends, market forces, end-users, application fields, product types, geographical landscape, and the major industrial players/vendors. In most analysis, historical statistics together with market outlook cover the 2014-2022 period in terms of unit shipment as well as sales revenue generated from hardware and software of industrial robots. The report also includes current competitive scenario and profiles of major vendors.
Qualitative market analyses include identification and discussion of market structure, market overview, growth drivers, restraints and challenges, emerging market trends/opportunities, Porter’s Fiver Forces as well as M&A landscape and fundraising trend (IPO and VCI).
On basis of end-user, the market is broadly segmented into pharmaceutical industry and cosmetics industry. The pharmaceutical industry consumes most of newly ordered industrial robots due to its much larger production scale and fast-growing demand market.
On basis of application, the market is segmented into dispensing, palletizing, packing & packaging, pick and place, and others with dispensing as a largest segment.
On basis of product type, the market is segmented into articulated robots, Cartesian robots, SCARA robots, and other robots (cylindrical robots, delta robots, polar robots, etc.).
Geographically, the global market is segmented into North America, Europe, Asia-Pacific region, Latin America and the rest of world (RoW). Specific analysis and forecast over 2014-2022 have been covered for important national markets such as U.S., China, Japan, Germany, South Korea, and Mexico. North America region leads the global industrial robots market in pharmaceutical & cosmetics industry in terms of sales volume as well as annual revenue. Strongest growth potential exists in the vast APAC market in the future with China and Southeast Asian countries expected to be the main driving engines for the growth.

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Highlighted by 4 tables and 72 figures, this 162-page report saves clients a lot of time on researching global market, and provides valuable information and a thorough understanding of the market’s emerging trends, which are needed to successfully derive critical business decisions, identify and expand business opportunities in the global industry.
Key Players:
ABB
KUKA
Fanuc
Yaskawa Motoman
Toshiba Machine
Adept Technology
Apex Automation and Robotics
Aurotek
Axium
Daihen
Kawasaki Robotics
Epson Robotics
Denso Wave

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Rated as one of the best multi-client reselling agencies, Kenneth Research provides a single platform for insights on numerous industries for investors and companies who are willing to expand their business. The platform caters to industries that include Healthcare and Pharmaceuticals, Chemicals, ICT and Telecom, Energy and Power, Automotive and Transportation, and several others, and offers the best strategic business consultancy services at a global level.

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